The instrument's own words
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516
assigns may effect such insurance in the names of said mortgagees, and their heirs and assigns, payable in case of loss to the said mortgagees and its successors or assigns; and that the premium or premiums paid therefore shall be a further charge upon said granted premises, secured by these presents and shall be payable, with interest at the rate of six (6) per cent per annum, when due; and that the mortgagor, in case of failure to pay due all taxes, liens, and assessments, hereby agree that the said mortgagee, its successors or assigns may pay the same, and the amount so paid shall be added to the principal sum hereby conveyed, to the amount of the note secured hereby, and the amount so paid shall be a further charge upon said granted premises, secured by these presents and shall be payable, with interest at the rate of six (6) per cent per annum, when due; and that the mortgagee may at its option apply any payments received hereunder to the interest first, and then to the principal, at the option of the mortgagees be applied either to the payment of the mortgage debt, whether such debt be due or not, or to the payment of any taxes, liens, and assessments, or to the payment of insurance premiums, and that the mortgagee, its successors or assigns, and their heirs or assigns to repair or replace the buildings so destroyed, without affecting this mortgage for the full amount secured thereby therefore such damage by fire, or such payment of insurance proceeds.
And FURTHER COVENANT GIVE AND GRANT that if the titles to the premises herein described be acquired, in whole or in part, by one or more persons who does not assume and agree to pay this mortgage, the whole of said mortgage indebtedness shall become due at the option of the holder of this mortgage.
"This mortgage is subject to the provisions of the "Federal Farm Loan Act," approved July 11, 1916."
IN WITNESS WHEREOF, we have hereunto set our hands and seals this 24th day of January in the year of our Lord one thousand nine hundred and thirty-nine.
Signed and sealed in presence of
Howard G. Moore
Donald T. McSall
THOMAS J. CLARKE (SEAL)
MARY A. CLARKE (SEAL)
STATE OF RHODE ISLAND
COUNTY OF WASHINGTON ss.
In Charlestown on the 24th day of January, A. D. 1939 before me personally appeared Thomas J. Clarke and Mary A. Clarke, to me known and by me to be the parties executing the foregoing instrument, and acknowledged said instrument, by them executed, to be their free act and deed.
My Commission expires June 30, 1941.
DONALD T. McSALL
Notary Public
Received for record January 24th, A. D. 1939 at 12:05 o'clock, P. M., and recorded by
[Signature]
Town Clerk
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RI 2-456
RHODE ISLAND
FULL DISCHARGE
Form No 134. 250-2-15-3
KNOW ALL MEN BY THESE PRESENTS That the FEDERAL LAND BANK OF SPRINGFIELD, a corporation existing under the laws of the United States of America, the mortgagee named in, and the present holder of, a certain mortgage from Thomas J. Clarke and Mary A. Clarke dated January 24, 1939 and recorded in the land records of the town of Charlestown, Book 27 Page 514-515-516 does hereby absolutely and unconditionally release, remise, and forever quitclaim to Thomas J. Clarke and Mary A. Clarke, a full and complete satisfaction of the same, and in consideration thereof it does hereby cancel and discharge said mortgage and release and quitclaim unto the said Thomas J. Clarke, and Mary A. Clarke and their heirs and assigns forever conveyed, released and secured the premises conveyed in the mortgage there previously conveyed.
IN WITNESS WHEREOF the said FEDERAL LAND BANK OF SPRINGFIELD has caused its corporate seal to be affixed and these presents to be signed, witnessed, acknowledged and delivered by Edward M. Whitaker its Asst. Treasurer, the 11th day of November 1944.
THE FEDERAL LAND BANK OF SPRINGFIELD (Corporate Seal)
By Edward M. Whitaker, Assistant Treasurer
COMMONWEALTH OF MASSACHUSETTS)
COUNTY OF HAMPSHIRE) ss.
On this 11th day of September, 1944, before me personally appeared Edward M. Whitaker to me personally known, who, being by me duly sworn, did say that he is the Assistant Treasurer of the Federal Land Bank of Springfield and that the seal affixed to the above instrument is the corporate seal of said corporation, and that said instrument was signed and sealed by him in behalf of said corporation, and that he is duly authorized to do so and that the said Edward M. Whitaker acknowledged said instrument to be the free act and deed of said corporation, before me
ALFRED K. TALMAGE (Notarial Seal)
Notary Public
Above discharge received for record September 26th, A. D. 1944 at 9:05 o'clock a. m., and recorded by
[Signature]
Town Clerk